Event-Driven Stocks

SP Plus Corp

CRLKP

Other · Services-Auto Rental & Leasing (No Drivers) · DE · SEC filings ↗ · Compare ⊕

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Signs4 good1 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$1.78B$1.55B$1.18B$1.09B$1.66B$1.47B
Operating income$77.5M$82.9M$66.5M−$219.6M$89.7M$75.1M
Net income$34.7M$48.1M$35.3M−$172.9M$10.6M$15.3M
Total assets$1.15B$1.12B$1.12B$1.14B$1.48B$1.07B
Total liabilities$901.2M$895.7M$894.1M$956.3M$1.11B
Equity$250.8M$226.0M$222.5M$183.1M$374.1M$368.5M
EPS (diluted)$1.57$2.15$1.48$-8.21$2.20$2.35
Shares out.19.5M23.2M23.1M23.0M22.8M22.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
4.3%
Net margin
1.9%
Return on equity
13.8%
Return on assets
3.0%
Return on capital (ROCE)
9.5%
Liabilities / assets
78.2%
Debt / equity
3.59×
Book value / share
$12.87
Revenue growth (YoY)
14.7%
Net income growth (YoY)
−27.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
0.33distress
Accruals / assets
1.8%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
62
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe1 warning4 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗
  • 15-12GMay 24, 2024
  • SC 13D/AMay 21, 2024
  • EFFECTMay 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • 4May 20, 2024
  • SC 13G/AMay 20, 2024
  • S-8 POSMay 17, 2024

Event-driven situations (1)

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